Thursday, January 31, 2013

Weekly stochastic

Weekly stochastic still pointing up. Which is indication of strong uptrend is awaiting us. 


Wednesday, January 30, 2013

Daily stochastic pointing up

Looks like upward movement resuming. As long as weekly stochastic points up our tiny little bull is safe.

Monday, January 28, 2013

Friday, January 25, 2013

Silver fall

Weekly stochastic RSI is trying to make bearish cross.


Tuesday, January 8, 2013

Silver reversal?

Also this Friday candle might be sign of the price reversal. You can see that it has a very long tail and really small body. It means buying power is strong and price quickly came back to previous position. If buying power was weak it could have stayed around 29.60 area. But silver's takedown defense once again strong and jumped right back up. 


Thursday, January 3, 2013

Gold

Gold hit 38 retracement level and falling. Daily stochastics pointing down.